What's the real story behind shifting from single family homes to multifamily real estate, ATM machines, car washes, and even oil and gas deals? That's what we're exploring with seasoned investor, Bronson David Hill, managing member of Bronson Equity. His investing journey is a compelling one, revealing why California isn't the golden state for real estate and why job and population growth matter for your returns.
In an industry where crunching numbers is king, we often forget the importance of our gut instincts. Bronson shares his insights on why intuition is crucial when vetting syndicators, operators, or deals. He also talks about the hard realities of the real estate market today; from high expenses and interest rates to the '2023 year of operations' concept, experience is now more important than ever.
Finally, we're taking a closer look at how rate hikes affect the multifamily space. Bronson discusses the thin margin of safety and the unique challenges of newcomers vs. old-timers. We further delve into inflation, the future of multifamily, and how the current state of real estate necessitates strategic adjustments for profitability. Plus, find out how you can use inflation to your advantage and access a free ebook on the topic. So, buckle up and get ready for some real estate wisdom from the trenches.
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